Le Grand Reve Sells for $23M Discount After a Decade on the Market
SOLD | Built 2008 | 27,000 Sq. Ft. | 6 Beds | 6.5+ Baths | 2.04 Acres
68 Locust Road, Winnetka, Illinois, United States, 60093
This just might be the deal of the century! A Chicago-area mansion with over 27,000 square feet of floor space has sold for $8.75 million after more than 10 years on the market and $23 million in price cuts. Sitting on a 2.25 acre estate, the palatial manor become a MLS landmark in the Chicago-area since early 2010 when it was listed for $32 million. The manor was designed by world-renowned architect Richard Landry and was the dream of investment CEO Sherwin Jarol, and wife Deborah, who reportedly sunk over $40 million into the construction. In 2011 it was reported that the residence would be heading to auction with Concierge Auctions and would be selling to the highest bidder, it’s unknown what became of that sale. Breathtaking grounds designed by Scott Byron & a swimming pool surround the limestone masterpiece with state of the art security and ultimate privacy. No expense was sparred in the creation of this truly spectacular home, from the two-storey rotunda entrance, to the DeGiulio kitchen with sitting room & breakfast room, this home was designed for entertaining on a grand-scale. The residence also features an impressive formal dining room, an elevator, home theatre, spa, winer cellar, eleven fireplaces and garage space for 10 vehicles. There are a total of six bedrooms and thirteen bathrooms throughout. Le Grand Reve had most recently been on the market for $9.5 million with @Properties Highland Park.